Thursday, July 20, 2006

REPORT: Oman Trade Pact Permits Foreign Ownership of U.S. Nat�l Security Assets


Here we go again.

Does Bush work for the gulf states, or what?

Sirotablog: REPORT: Oman Trade Pact Permits Foreign Ownership of U.S. Nat�l Security Assets:

In an explosive report tonight, top House Democrats discovered provisions in the controversial Oman Free Trade Agreement that would permit foreign ownership of U.S. ports and other key national security assets. Three Democrats and one Republican held an emergency press conference today to expose the provisions just before the House is scheduled to vote on the Oman pact on Thursday. As Reuters reports, 'Rep. John Murtha, a Pennsylvania Democrat who serves on the House Defense Appropriations subcommittee, said the pact would allow companies such as Dubai Ports World to acquire U.S. port operations by establishing a shell company in Oman.' Those provisions might also allow foreign ownership of other key national security assets, considering just after the recent Dubai Ports controversy, that country went ahead with plans to purchase a major U.S. defense contractor.

Last month, lawmakers from both parties in the U.S. Senate joined hands to pass the Oman Free Trade Agreement - which is being pushed aggressively by the Bush administration and its largest corporate donors. Lawmakers ignored major labor, human rights and environmental objections to the pact put forward by more than 400 union, religious and consumer groups. Among those voting for the pact in the Senate were Mike DeWine (R-OH) and Joe Lieberman (D-CT), two Senators facing tough re-election bids who could face renewed criticism in their home states that they have sold out their constituents.

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